ICAB & CA Profession

Outgoing President of ICAB Maria Howlader FCA is handing over the charge to the new Leadership of ICAB on 24 June 2025

The Institute of Chartered Accountants of Bangladesh conducted a student’s awareness program titled “Chartered Accountancy: A Career Choice” on 29 May 2025 during the event of their graduation ending ceremony. The students from Accounting, Management, Finance & Banking and Marketing departments participated in the program.

𝐂𝐨𝐮𝐫𝐭𝐞𝐬𝐲 𝐂𝐚𝐥𝐥 & 𝐔𝐫𝐠𝐞𝐧𝐭 𝐃𝐢𝐬𝐜𝐮𝐬𝐬𝐢𝐨𝐧 𝐌𝐞𝐞𝐭𝐢𝐧𝐠 𝐰𝐢𝐭𝐡 𝐆𝐨𝐯𝐞𝐫𝐧𝐨𝐫, 𝐁𝐚𝐧𝐠𝐥𝐚𝐝𝐞𝐬𝐡 𝐁𝐚𝐧𝐤

ICAB President Ms. Maria Howlader FCA paid a courtesy call on Dr. Ahsan H. Mansur, Governor, Bangladesh Bank. The call-on was held on 26 May 2025 at the latter’s office, Motijheel, Dhaka. Mr. Shubhashish Bose, Chief Executive Officer of ICAB was also present during the call-on.

During the call-on, Ms. Maria Howlader FCA thanked Dr. Ahsan H. Mansur for giving the opportunity to pay courtesy call on him. As a gesture of good-will, the President-ICAB presented a flower bouquet and a souvenir to the Governor, Bangladesh Bank. She also informed him that ICAB has been actively working to strengthen the country's economic and financial sector development.

The Governor was briefed on the ICAB’s role as the primary regulator of accounting and auditing profession by bringing discipline & ensuring transparency, accountability and good governance in the financial reporting system. He was apprised of the positive impact of the Document Verification System (DVS) on the country's economic growth.

The President of ICAB drew the attention of the Governor’s to the issue of unequal treatment towards practicing Chartered Accountants (CA) in relation to Cash Incentive Audits. She requested the Governor to take the necessary steps to allow all practicing Chartered Accountants enlisted with the FRC to be eligible to conduct Cash Incentive Audits, to which he responded positively.

Additionally, the ICAB President requested the exemption of Chartered Accountants employed in banks from having to sit for the Banking Diploma examinations required for promotions. She pointed out that ICAB’s CA curriculum comprehensively covers subjects such as Business and Commercial Law, Financial Reporting, and Financial Management—providing members with sufficient knowledge and competence to pursue careers in banking and finance.

The ICAB delegation also discussed the Bank Companies External Audit Rules 2024 issued by Bangladesh Bank, along with ICAB’s standards for Minimum Man-Hours and Hourly Rates for bank audits. ICAB President emphasized that, given the expanded responsibilities and scope of auditors engaged in bank audits, audit fees should be set at reasonable enhanced levels. She also urged the Governor to consider formulating a policy to mandate the use of audit software in the banking sector.

In closing, the ICAB President sought continued support from Bangladesh Bank for the Institute’s initiatives aimed at strengthening the accounting and auditing profession and contributing to the nation’s economic development.

In response, Dr. Ahsan H. Mansur commended ICAB’s contributions, particularly the implementation of the Document Verification System (DVS). He assured the Institute of his full cooperation and support. Furthermore, the Governor encouraged ICAB to take proactive steps in adopting emerging technologies, particularly artificial intelligence (AI), and to promote the use of automation and audit software within the profession to further enhance efficiency and governance. He also encouraged to develop local audit software to minimize the cost of audit softwares by the practicing Chartered Accountants.

𝐈𝐂𝐀𝐁 𝐍𝐞𝐰 𝐂𝐨𝐮𝐧𝐜𝐢𝐥 𝐚𝐧𝐝 𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐂𝐨𝐦𝐦𝐢𝐭𝐭𝐞𝐞𝐬 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐭𝐞𝐫𝐦 𝟐𝟎𝟐𝟓-𝟐𝟎𝟐𝟕

Source : https://www.icab.org.bd/news/declaration-of-results-of-election-to-the-icab-council-and-regional-committees-for-the-term-2025-2027

𝐅𝐨𝐫 𝐓𝐡𝐞 𝐅𝐢𝐫𝐬𝐭 𝐓𝐢𝐦𝐞, 𝐂𝐀 𝐅𝐞𝐦𝐚𝐥𝐞 𝐇𝐨𝐬𝐭𝐞𝐥 𝐨𝐟 𝐈𝐂𝐀𝐁 𝐄𝐬𝐭𝐚𝐛𝐥𝐢𝐬𝐡𝐞𝐝

For the first time under the leadership of President Maria Howlader FCA, the CA Female Hostel of the Institute of Chartered Accountants of Bangladesh is established at a rented multi-storied building at 24 West Tejturi Bazar, Mouja-Kawran Bazar, Dhaka-1215 to facilitate the accommodation of ICAB female students and their study. After resuming the office, ICAB President Maria Howlader FCA under the guidance of the Council gave top most priority on her action plan to establish the CA female hotel. Earlier, a lease agreement was made in this regard on 5 May 2025 at a formal ceremony at the Institute’s premises in the presence of ICAB President Maria Howlader FCA.

ICAB Chief Executive Officer Shubhashish Bose signed the agreement on behalf of ICAB while ICAB Chief Operating Officer Mahbub Ahmed Siddique FCA, Leaders of ICAB Dhaka Regional Committee, ICAB additional director Md. Shahjahan Siraz, Leaders of BCACP and representatives of CA female students were also present.

𝐈𝐂𝐀𝐁 𝐏𝐫𝐞𝐬𝐢𝐝𝐞𝐧𝐭 𝐈𝐧𝐚𝐮𝐠𝐮𝐫𝐚𝐭𝐞𝐝 𝐧𝐞𝐰 𝐨𝐟𝐟𝐢𝐜𝐞 𝐩𝐫𝐞𝐦𝐢𝐬𝐞𝐬 𝐨𝐟 𝐈𝐂𝐀𝐁 𝐔𝐊 𝐂𝐡𝐚𝐩𝐭𝐞𝐫 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 𝐂𝐨𝐦𝐦𝐢𝐭𝐭𝐞𝐞

ICAB President Maria Howlader FCA inaugurated the new office premises of ICAB UK Chapter Management Committee 10 Abbey Parade, Wimbledon, London, SW19 1DG on 9 May 2025 while ICAB Chief Operating Officer Mahbub Ahmed Siddique FCA, Chairman of ICAB UK Chapter Management Committee AKM Fazlur Rahman FCA, Secretary Malek Sharif FCA, other Members of the committee and also some of the distinguished members residing in London were present.